Episode 12: From Startups to Real Estate: Unveiling the Path to Success with Sandy Parkhurst

Real Talk: Making Money In Real Estate

Jun 23 2023 • 19 mins

️ New Episode Alert! Real Talk Podcast Join us as we dive into the world of real estate and explore different ways to make money in this industry. In this episode, we have a special guest, Sandi Parkhurst, from Western Mortgage in Reno. Sandi shares her journey into loan origination and how she found success in the real estate market. Sandi's story is relatable and inspiring. She stumbled upon her career as a mortgage officer by chance after a startup venture didn't work out. With a background in business management, Sandi embraced the opportunity to help people, be creative, and potentially earn a substantial income. She recognized the importance of networking and building relationships, reaching out to real estate agents and using social media to connect with clients. As Sandi grew in her role, she focused on refining her skills and expanding her knowledge through on-the-job training. While she initially worked with refinances, she gradually built her sales business and developed a strong support system for referral partners. Sandi's dedication to creating a full-fledged financial team for her clients is commendable. She collaborates with CPAs, financial advisors, and trust attorneys to ensure a cohesive strategy for her clients' financial well-being. Despite her success in the mortgage industry, Sandi's passion for real estate investment has never waned. From an early age, she dreamt of generating passive rental income and building wealth through property ownership. While she recently sold her rental property and faced challenges with a 1031 exchange, Sandi remains optimistic and continues to explore investment opportunities, focusing on cash flow and considering single-family or small multifamily properties. As we discuss the current state of the real estate market, Sandi shares insights on the Reno market, highlighting the appreciation rate and the shortage of available homes. While affordability is a concern, it presents an opportunity for investors seeking long-term gains. Sandi also provides valuable information on underwriting changes and the evolving nature of the industry. Don't miss out on Sandi's expertise and captivating journey in the real estate and mortgage industry. Tune in now to gain valuable insights and be inspired to pursue your own path in this exciting field! ⮕To learn more please Connect With Us: Youtube Facebook Instagram Tiktok LinkedIn #RealTalkPodcast #RealEstate #MortgageIndustry #InvestmentOpportunities #Networking #FinancialStrategy #RentalProperties #CashFlow #MarketTrends #Inspiration #RenoRealEstate #HousingMarket #CashFlow #PropertyInvestment #Podcast